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Stability in Consumer Sentiment Aids Economy

Thomson Reuters and University of Michigan (08/29/14)

The Thomson Reuters and University of Michigan Consumer Sentiment Index was 82.5 in August, up from 81.8 in July and slightly above last August’s reading of 82.1. Over the past nine months, the index has remained largely unchanged, in the narrow range between 80.0 and 82.5. The renewed strength in the past year was focused on the Current Conditions Index, which rose 4.8%, while the Expectations Index fell by 3.3%.